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Narayana Murthy urges youth to master AI

Narayana Murthy, co-founder of Infosys, has cautioned young Indians against fearing artificial intelligence and instead encouraged them to learn and use it effectively.

Speaking about the rapid growth of AI tools, Murthy said the technology is transforming the workplace across industries. However, he stressed that AI should be seen as an opportunity rather than a threat. According to him, those who understand how to use AI wisely will improve their productivity and remain valuable in the job market.

Murthy pointed out that while automation may change certain routine tasks, it will not replace human intelligence, creativity or critical thinking. He said individuals who combine strong thinking skills with knowledge of AI tools will have an advantage. “A smarter mind using AI will produce better results,” he suggested, highlighting the importance of both intelligence and effort.

The veteran industry leader also underlined the need for continuous learning. He said young professionals must stay curious, disciplined and willing to upgrade their skills as technology evolves. Simply relying on existing qualifications may not be enough in a fast-changing environment shaped by AI.

Murthy compared the current AI shift to earlier technological revolutions such as the arrival of computers and the internet. While those developments initially raised concerns about job losses, they eventually created new industries and employment opportunities. He believes AI will follow a similar path.

His remarks come at a time when many students and young professionals are anxious about automation reducing job opportunities, especially in sectors like information technology and services. Murthy’s message is clear: instead of resisting change, young Indians should prepare themselves to work alongside AI.

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Amazon AGI Chief David Luan resigns

David Luan, who heads Amazon’s Artificial General Intelligence (AGI) lab, has announced that he will leave the company. Luan shared the update publicly, saying he plans to step away by the end of the week to focus on new opportunities in artificial intelligence research.

Luan joined Amazon in June 2024 after the company acquired his startup, Adept AI Labs. The deal brought him and several members of his team into Amazon, where they became part of a newly created AGI division based in San Francisco. The lab was set up to work on advanced AI systems, including agent-based technologies that can perform tasks with minimal human input.

During his time at Amazon, Luan played a key role in building and launching Nova Act, an AI agent designed to complete tasks autonomously in a web browser. The technology was integrated into services such as Alexa’s upgraded experiences and positioned as a competitor to similar tools developed by other major AI players.

In his farewell note, Luan thanked Amazon’s leadership, including CEO Andy Jassy, and highlighted the progress made in scaling AI models and developing new research capabilities. He suggested that rapid advancements in artificial intelligence influenced his decision to pursue fresh challenges in the field.

Following his departure, oversight of the AGI team will move under Peter DeSantis, a senior executive within Amazon Web Services (AWS). The leadership change comes as Amazon continues to streamline and strengthen its AI operations amid intense global competition.

Also Read: Suzlon appoints Ajay Kapur as Group CEO

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Suzlon appoints Ajay Kapur as Group CEO

Suzlon Energy has appointed Ajay Kapur as its Group Chief Executive Officer and announced the formation of a new executive council as the renewable energy major sharpens its strategy to expand beyond its traditional wind power business.

Kapur, who previously served as Managing Director of Ambuja Cements, will take charge of driving the company’s overall growth, strengthening operational performance, and steering its diversification into emerging clean energy segments. The move is part of Suzlon’s broader effort to transform into a multi-business renewable energy solutions provider.

The newly constituted executive council will work closely with the leadership team to accelerate decision-making, improve cross-functional collaboration and support long-term value creation. The council brings together senior leaders from key verticals to focus on strategic priorities, including new technologies, project execution, and customer engagement.

Suzlon said the leadership restructuring comes at a time when India’s renewable energy sector is witnessing rapid expansion and increasing demand for integrated clean energy solutions. With a stronger balance sheet and a robust order book, the company is looking to scale operations, explore opportunities in hybrid and round-the-clock renewable projects, and enhance its service offerings.

Kapur brings over three decades of experience across cement, building materials and energy-intensive industries, with a track record in business transformation, cost optimisation and growth strategy. His expertise in managing large-scale operations and leading high-performance teams is expected to support Suzlon’s next phase of expansion.

Company Chairman Tulsi Tanti highlighted that the new structure will enable faster execution and sharper strategic focus as Suzlon aims to capture emerging opportunities in India’s fast-growing clean energy market.

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Berkshire Hathaway VC buys ₹85-cr apartment in Gurugram

Ajit Jain, Vice-Chairman of insurance operations at Berkshire Hathaway, has acquired a super-luxury apartment worth around ₹85 crore in Gurugram, in one of the country’s most exclusive residential developments, DLF Camellias.

The apartment, spread across roughly 7,400 square feet, is part of a gated community known for its high-end amenities, privacy and strong security. Sources indicated that Jain was recently in India to complete the transaction. The purchase places him among a growing list of global Indian business leaders and ultra-high-net-worth individuals investing in premium homes in the National Capital Region.

The deal highlights the continued boom in India’s luxury housing segment, particularly in Gurugram, which has emerged as a preferred destination for high-value real estate investments. Industry observers say the city has seen a sharp rise in sales of homes priced above ₹10 crore over the past year, driven by strong demand from top executives, entrepreneurs and non-resident Indians.

Real estate experts note that many wealthy buyers now prefer luxury condominiums in integrated townships over independent houses. Such projects offer managed services, lifestyle facilities, and the convenience of a secure lock-and-leave format for owners who live abroad but visit India periodically.

Non-resident Indians account for a significant share of purchases in projects like The Camellias, with buyers largely coming from the United States, the United Kingdom, Singapore and the Middle East. Apart from lifestyle considerations, these properties are increasingly seen as long-term investments and a base in India amid global economic and geopolitical uncertainties.

Jain is regarded as one of the most influential Indian-origin executives in global finance and a key aide to legendary investor Warren Buffett. An alumnus of IIT Kharagpur and Harvard Business School, he joined Berkshire Hathaway in 1986 and built its reinsurance operations into a major profit centre.

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Nikhil Kamath’s podcast to feature Anthropic CEO

Zerodha co-founder and podcaster Nikhil Kamath is set to host Dario Amodei, the chief executive of Anthropic, for a wide-ranging and unscripted discussion on artificial intelligence, its risks and its transformative potential.

Kamath announced the upcoming episode of his podcast People by WTF on social media, sharing a short teaser that frames the conversation as a deep dive into the technology that is rapidly reshaping industries and economies. The full episode is yet to be released.

In the preview, Amodei describes the rise of advanced AI as an approaching “tsunami”, cautioning that most people are underestimating the scale and speed of change. He points to sweeping economic disruption, shifts in global power and the urgent need to build strong safety frameworks as some of the biggest challenges ahead.

The discussion is expected to cover concerns around job displacement, the concentration of technological power and the geopolitical race to dominate AI development. At the same time, Amodei emphasises that the technology itself is not inherently dangerous, but its impact will depend on how responsibly it is developed and deployed.

Kamath noted that those building cutting-edge AI systems are often among the most vocal about the need for safeguards, reflecting growing awareness within the industry about the risks of uncontrolled advancement.

Amodei previously led AI safety research at OpenAI before co-founding Anthropic in 2021 with a focus on creating more reliable and controllable AI models. He has consistently warned that future systems could surpass human capabilities in several domains, bringing both unprecedented opportunity and serious challenges.

The episode adds to Kamath’s list of global business and technology leaders featured on his podcast and comes amid intensifying global debate over how AI will reshape work, regulation and international competition in the years ahead.

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Asha Sharma appointed CEO of Microsoft Gaming

Asha Sharma has been appointed Executive Vice President and CEO of Microsoft Gaming, the company announced on February 20, 2026. Reporting directly to CEO Satya Nadella, Sharma will lead Xbox, Xbox Game Studios, Activision Blizzard, Bethesda, King and Microsoft’s wider gaming efforts. The move follows Phil Spencer’s decision to step back from day-to-day leadership; Spencer will remain in an advisory capacity through the summer to support the transition.

Sharma arrives with experience scaling consumer platforms and operations, including senior roles at Instacart and Meta. Microsoft highlighted her track record building large ecosystems and reaching broad audiences as a key reason for the hire, saying those skills will help grow the company’s platform, content and community across console, PC and mobile. The gaming organization she inherits includes nearly 40 internal studios and a portfolio of well-known franchises that reach hundreds of millions of players.

As part of the leadership reshuffle, Matt Booty has been promoted to Executive Vice President and Chief Content Officer and will report to Sharma. Booty will continue to oversee studio operations and creative strategy, focusing on content development, studio investment and the company’s long-term creative roadmap. Microsoft framed the changes as a planned succession designed to maintain momentum across hardware, cloud services and content while preparing for the next phase of growth in gaming.

In her first public statement as incoming CEO, Sharma set out three priorities: invest in great games, renew focus on Xbox and its core fans, and shape the future of play by supporting creative teams and building platforms and tools that let developers reach players across devices. She stressed the importance of protecting creative craft and cautioned against short-term monetization approaches that could erode player trust.

Microsoft thanked Phil Spencer for his decades of service and for guiding the business through major expansions and acquisitions that reshaped its gaming strategy. The company said the leadership change positions Microsoft to accelerate studio investment, expand content offerings and deepen engagement with players worldwide as gaming continues to evolve across devices and cloud services.

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Yes Bank targets 1% ROA by FY26, says CFO

Yes Bank has set a concrete profitability milestone: the lender aims to exit fiscal 2025–26 with a return on assets (ROA) of 1%, Chief Financial Officer Niranjan Banodkar said. The target underscores management’s push to move beyond years of balance-sheet repair and return to steady earnings.

Bank executives say the plan rests on three pillars: measured credit growth, improved margins, and rigorous risk management. To lift core profitability, Yes Bank will expand interest-earning assets while keeping funding costs under control. Management plans to prioritise higher-margin retail and small-business lending to diversify income and reduce concentration in corporate exposures.

Asset quality is central to the strategy. The bank will continue prudent provisioning and strict credit selection to limit fresh slippages and shrink legacy stressed assets. Banodkar emphasised disciplined underwriting and closer monitoring of borrower performance to prevent deterioration in the loan book.

On costs, Yes Bank intends to tighten operating expenses to improve the cost-to-income ratio. The bank will lean on digital channels and process efficiencies to grow revenue without a proportional rise in overheads. Improving the net interest margin through better pricing and product mix is another focus area.

Capital and liquidity buffers will be maintained as the bank scales. Management says it will manage risk-weighted assets and capital planning carefully to meet regulatory expectations while supporting growth. The bank’s ability to hit the 1% ROA will depend on steady credit demand, stable funding conditions, and limited macro shocks.

Market watchers will track quarterly indicators such as net interest margin, non-performing assets, provision coverage, and cost-to-income to gauge progress. Achieving a 1% ROA would signal a meaningful turnaround in profitability and validate the bank’s restructuring efforts.

Yes Bank is pursuing a defined profitability goal while balancing growth with conservative risk controls, as far as customers are concerned. Management stresses steady, sustainable improvement rather than rapid expansion that could strain the balance sheet.

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Mukesh  Ambani announces $110 billion for AI in India

Reliance Industries, led by Mukesh Ambani, announced a $110 billion (₹10 lakh crore) investment in artificial intelligence over the next seven years. The plan, revealed at the India AI Impact Summit 2026 in New Delhi, aims to make AI services as accessible and affordable in India as mobile data has become.

Ambani highlighted that the main barrier to AI adoption in India is not talent but the high cost of computing power. To tackle this, Reliance and its telecom arm Jio are building large AI-ready data centres in Jamnagar, Gujarat, starting with 120 megawatts in 2026 and gradually expanding to gigawatt scale. The initiative will also include a nationwide edge computing network, ensuring faster AI services for both urban and rural areas.

Reliance plans to use its green energy surplus, including 10 gigawatts of solar power from Kutch and Andhra Pradesh, to reduce the cost of running these centres. Ambani stressed that the goal is to make AI tools affordable for education, healthcare, agriculture, and small businesses across India.

The summit also saw commitments from other companies. The Adani Group plans to invest $100 billion in AI-powered, renewable energy data centres by 2035. Global tech giants such as Microsoft, Google, Amazon, and Nvidia announced investments and partnerships to expand cloud services and AI infrastructure in India.

Union IT Minister Ashwini Vaishnaw said the summit secured infrastructure investment pledges exceeding $250 billion, showing strong global confidence in India’s AI potential. Leaders emphasized that India is emerging as a trusted hub for AI innovation, combining digital infrastructure with scalable technology deployment.

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8-year-old Ranvir shines at India AI Summit

At just eight years old, Ranvir Sachdeva has captured the imagination of the tech world. The young prodigy made history as the youngest keynote speaker at the India AI Impact Summit 2026 in New Delhi, sharing the stage with some of the brightest minds in artificial intelligence.

Ranvir, who began coding at the tender age of three, spoke with confidence and clarity, discussing how young minds can shape the future of technology. He explained how India’s ancient philosophies could guide ethical innovation, and even shared insights from an AI model he has been exploring , showing that curiosity, creativity, and courage are not bound by age.

The summit offered Ranvir more than a platform to speak; it gave him the chance to meet global tech leaders, including Google CEO Sundar Pichai and OpenAI CEO Sam Altman. Images of him chatting with these industry giants went viral, symbolising a remarkable bridging of generations in the tech community.

Despite his young age, Ranvir’s message was simple but powerful: the next wave of AI innovation belongs to the youth, and children should be encouraged to create, experiment, and dream boldly. His presence reminded everyone at the summit that innovation is as much about imagination as it is about algorithms.

Ranvir’s journey is a testament to early passion and dedication. From coding at three to speaking at TEDx events, his story inspires not just other children but also adults, proving that age is no barrier to impact. As India positions itself as a global AI hub, voices like Ranvir’s highlight the importance of nurturing young talent alongside established expertise.

Also Read: Vishal Sikka sees AI boosting Indian entrepreneurs

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AI key to India’s sovereignty, says Jeet Adani

Artificial intelligence will redefine national sovereignty and India must build its own core infrastructure to stay competitive and secure, Jeet Adani said at the India AI Impact Summit 2026.

The Adani Group executive director stressed that control over energy, computing power and digital platforms will determine global leadership in the AI era. Depending on foreign systems for critical technologies, he warned, could expose the country to economic and strategic risks.

Highlighting the link between power and technology, he said AI runs on electricity and nations that produce reliable, clean energy will gain a major advantage. He called for large renewable-energy capacities to support data centres and high-performance computing within India.

He added that AI should first solve India’s development challenges, improving productivity, expanding financial inclusion and strengthening service delivery, rather than only mirroring global consumption models.

Adani said “AI sovereignty” does not mean isolation but ensuring that key digital infrastructure and data processing capabilities are located in the country. This would allow startups, researchers and industries to access affordable computing and accelerate innovation across sectors such as agriculture, healthcare, manufacturing and logistics.

Pointing to the group’s massive investment plans, he said the proposed green energy–driven AI ecosystem would combine renewable power with data infrastructure at scale and could become the foundation for a much larger technology network.

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